(Aug 23): The new tariffs that President Donald Trump has threatened on US$300 billion ($416 billion) of Chinese goods would drag China’s annual economic growth below 6%, according to a Bloomberg survey, which would be the slowest expansion since 1990.

Once introduced, the extra 10% tariffs would cut up to 0.5 percentage point from gross domestic product expansion compared with the previous year, according to the survey of 14 economists by Bloomberg. With the nation’s growth already forecast to slow to 6% next year, that would drag it below the lower bound of the government’s current economic target.

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